Career opportunities – Credit Suisse (2024)

FAQs

What makes Credit Suisse special? ›

Our integrated business model enables us to deliver high value, customized solutions that leverage the expertise offered across Credit Suisse and that help our clients unlock capital and value in order to achieve their strategic goals.

Our strategy

We are investing in our leading Wealth Management business; building on our leading position in our Swiss home market; reshaping our global Investment Bank by investing in our more capital-light advisory and capital markets businesses, and growing our core Asset Management business.

Credit Suisse is a very large, top tier private bank with a very well-known brand, making it a good option for senior international investors. Its size however may mean that the traditional values you would expect from a private bank, such as trust and an uncompromising duty of care, are harder to achieve.

Credit Suisse is one of the most prestigious investment banks in the world. Its interns receive extensive hands-on training and work alongside senior bankers. Full-time employees have access to top-notch training programs, mentoring opportunities, and internal mobility options.

It is known for strict bank–client confidentiality and banking secrecy. The Financial Stability Board considers it to be a global systemically important bank. Credit Suisse is also a primary dealer and Forex counterparty of the Federal Reserve in the United States.

Headquartered in Zurich, Switzerland, we have a global reach with operations in about 50 countries and employ more than 45,000 people from over 150 different nations.

The collapse of Credit Suisse Group AG was a shock, but it shouldn't have been much of a surprise. Years of bad strategy and poor management decisions under a carousel of changing executives bred a co*ckroach nest of scandals and losses. The big question is how the Swiss bank was allowed to slowly destroy itself.

ZURICH, March 14 (Reuters) - Credit Suisse (CSGN. S) , opens new tab said in its 2022 annual report the bank has identified "material weaknesses" in internal controls over financial reporting and not yet stemmed customer outflows.

In March 2023, Credit Suisse collapsed. An uncontrolled bankruptcy could only be prevented by big government aid and an emergency merger with competitor UBS. Switzerland is now waiting for a parliamentary inquiry report to reveal who was at fault as the bank disintegrated.

Among the Most Renowned Private Banks in the World

At Credit Suisse, we have been building wealth management partnerships for more than 160 years. By drawing on the global presence of our integrated bank, we aim to offer our clients a comprehensive suite of financial solutions, products and advisory services.

What are Credit Suisse core values? ›

At Credit Suisse, we believe in meritocracy: an environment where people achieve success based on what they do - and not because of their background or connections. As a leading global wealth manager and investment bank, our clients and stakeholders demand excellence. We strive to deliver it.

Credit Suisse pays the highest-paid employees over $215,000 a year, while the lowest-paid employees are paid less than $86,000. Credit Suisse employees in different groups or divisions tend to have different salaries as well.

Credit Suisse was fined $475 million by US and British authorities after it was caught up in a bribery scandal in Mozambique involving loans to state-owned companies.

Credit Suisse has a leading reputation as one of the largest, most accomplished credit franchises in the industry, providing expert coverage in credit and securitized products trading, sales, structuring as well as capital markets.

Silicon Valley Bank's Tier 1 capital adequacy ratio may be inflated, but Credit Suisse does not have this risk. In general, although Credit Suisse has a deposit loss phenomenon similar to that of Silicon Valley Bank, it is more stable than Silicon Valley Bank in terms of supervision and implied losses.

We believe in the power of partnership to achieve common goals. It means interacting in partnership with clients, suppliers and the communities in which we operate, to build lasting value.

Following several years of scandals, Switzerland's Credit Suisse bank collapsed in March 2023. It was purchased by Swiss rival UBS for about $3.3 billion in a deal approved by Swiss regulators without shareholder approval.